DGAP-News: Befesa Holding S.à.r.l.: Press release
DGAP-News: Befesa Holding S.à.r.l. / Schlagwort(e): Anleiheemission/Anleihe
Befesa Holding S.à.r.l.: Press release
20.05.2016 / 16:27
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.
Press Release
Bilbao (Luxembourg) S.A.Société anonmye
Registered office:
2C, rue Albert Borschette
L-1246 Luxembourg
Grand Duchy of Luxembourg
R.C.S. Luxembourg: B 178436(the "Company")
EUR 150 million 10.50%/11.25% PIK Toogle Notes due 2018 (the « Notes ») issued by Bilbao (Luxembourg) S.A., admitted to trading at the Euro MTF Market of the Luxembourg Stock Exchange and listed on the Official List of the Luxembourg Stock Exchange
ISIN (XS0983933580 - XS0983942656)
Determination of Interest on the Notes
Reference is made to the terms and conditions of the above mentioned Notes, and the definitions provided therein.
The "Applicable Amount" was calculated on the "Determination Date" (May 15, 2016) for the interest period commencing on June 1, 2016.
As the "Applicable amount" on May 15, 2016 exceeds 25% but is less than 50% of the aggregate amount of "Cash Interest" which will be accrued from June 1, 2016 to November 30, 2016, Bilbao (Luxembourg) S.A has communicated to the Trustee its intention to pay 75% of the interest as "PIK Interest", and 25% of interest as "Cash Interest".
Luxembourg, May 20, 2016
Contact:
Befesa Holding S.à r.l.
Antonis Tzanetis
2C Rue Albert Borschette
L-1246 Luxembourg
Tel: 00352 26 753 111
Fax: 00352 26 753 100
e-mail: Tzanetis@triton-partners.com
20.05.2016 Veröffentlichung einer Corporate News/Finanznachricht, übermittelt durch DGAP - ein Service der EQS Group AG. Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten, Corporate News/Finanznachrichten und Pressemitteilungen. Medienarchiv unter http://www.dgap.de
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